Invest in Us

EnCana to webcast Investor Days

CALGARY, Alberta (October 31, 2006) - EnCana Corporation (TSX, NYSE: ECA) will hold its 2006 EnCana Investor Days on Monday, November 6, 2006 in Calgary, Alberta and on Wednesday, November 8, 2006 in New York, New York. At this event for invited institutional investors, analysts and media, members of EnCana's senior management team will provide investors with an overview of the performance, strategy and outlook in each of the company's key regions. To accommodate a wider audience, the days' presentations will be webcast. The links are noted below:

Links to the audio only webcast and presentation slides will be available at the start of the presentation via EnCana's website, www.encana.com, in the Presentations & Events section under Investor Relations on October 12, 2006 or via the following URL:

Following the strategic overview by Randy Eresman the days' sessions include presentations focusing on EnCana's North American resource plays and the operating and strategic highlights of each area. A more detailed schedule will be available on EnCana's website.

Each day's presentations will be webcast live. Please visit EnCana's website at www.encana.com to access the URL for the audio webcast as well as the presentation slides. It is recommended that users access the webcast approximately 10 minutes before its scheduled start time. If you are unable to listen to the live webcast, an archive of the day's presentations will be available within 24 hours of the event and will be available on EnCana's site for approximately 60 days.

A live, listen-only conference telephone call, broadcasting each day's proceedings in audio, will also be available. Participants are asked to dial in approximately 10 minutes prior to the conference call. Details are as follows:

EnCana Corporation
With an enterprise value of approximately US$45 billion, EnCana is one of North America's leading natural gas producers, the largest holder of gas and oil resource lands onshore North America and is a technical and cost leader in the in-situ recovery of oilsands bitumen. EnCana delivers predictable, reliable, profitable growth from its portfolio of long-life resource plays situated in Canada and the United States. Contained in unconventional reservoirs, resource plays are large contiguous accumulations of hydrocarbons, located in thick or areally extensive deposits, that typically have lower geological and commercial development risk, lower average decline rates and longer producing lives than conventional plays. EnCana common shares trade on the Toronto and New York stock exchanges under the symbol ECA.

Further information on EnCana Corporation is available on the company's website, www.encana.com, or by contacting: